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UK chooses Heathrow Airport’s $64 billion plan as basis for expansion

Bermuda Broadcasting Newsdesk -
The decision follows finance minister Rachel Reeves’ pledge in January to build a third runway at Heathrow International News via Reuters: Britain has backed Heathrow Airport's...
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European car industry risks ‘irreversible decline’, Stellantis chairman warns

Bermuda Broadcasting Newsdesk -
Speaking in Turin, Elkann said the industry as a whole had drawn up a package of proposals for the European Commission to give automakers...
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Pope Leo to take peace message to Turkey, Lebanon on first overseas trip

Bermuda Broadcasting Newsdesk -
Leo, the first U.S. pope, will give his first speeches to foreign governments and visit some sensitive cultural sites as part of a crowded...
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UK retailers’ confidence collapses to 17-year low before budget

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The Confederation of British Industry said its gauge of how retail sales compared with a year earlier worsened to -32 from -27 in October International...
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France seeks three-month suspension of Shein over sex dolls

Bermuda Broadcasting Newsdesk -
Shein has already disabled its marketplace - where third-party sellers offer their products to shoppers around the world - in France since November 5 International...
Finance

BoE bond sales may be pushing up borrowing costs by more than thought, research shows

Bermuda Broadcasting Newsdesk -
A study by University of Liverpool economist Costas Milas suggests that the BoE's quantitative tightening programme has raised the 10-year gilt yield by an...
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Alphabet on pace to hit $4 trillion market value as AI gains momentum

Bermuda Broadcasting Newsdesk -
Shares of the company were up 4.1% at $331.7 in premarket trading, putting the company on course to breach the key milestone at the...
Finance

UK stocks edge higher with upcoming budget in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 edged higher 0.2% as of 10:50 GMT, while the FTSE 250 index of domestically oriented UK firms rose 0.1% International News...
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Amazon pledges up to $50 billion to expand AI, supercomputing for US government

Bermuda Broadcasting Newsdesk -
The project will add nearly 1.3 gigawatts of artificial intelligence and high-performance computing capacity across AWS Top Secret, AWS Secret and AWS GovCloud regions International...
News - World

Amazon suspected of acting as ‘Trojan horse’ in Italy customs fraud case

Bermuda Broadcasting Newsdesk -
Prosecutors suspect the e-commerce giant acted like a "Trojan horse", bringing Chinese goods into Italy without paying sales taxes or customs duties International News via...
News - World

US demands ‘balanced’ EU digital rules before it cuts steel tariffs

Bermuda Broadcasting Newsdesk -
At a meeting in Brussels, EU ministers urged U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer to implement their July trade deal International...
News - World

Amazon’s satellite internet licence faces legal challenge in France

Bermuda Broadcasting Newsdesk -
The CFE-CGC Telecoms union said it had asked France's highest administrative court to annul a July decision award Amazon 10-year rights to frequencies for...
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